Swift Navigation grabs $11 mln Series A

By Iris Dorbian — 2 months ago

San Francisco-based Swift Navigation, a GPS technology provider, has secured $11 million in Series A funding. Lior Susan and Pierre Lamond of Eclipse led the round with participation from New Enterprise Associates, Promus Ventures, First Round Capital, Felicis Ventures, Fall Line Capital, Qualcomm Ventures and Lemnos Labs.

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ZeroFOX pulls in $27 mln

By Iris Dorbian — 2 months ago

Baltimore-based ZeroFOX, a provider of social media cyber security solutions, has secured $27 million in funding. The investors included New Enterprise Associates, Genacast Ventures, Core Capital and Silicon Valley Bank. In addition to the funding, Corey Mulloy, a general partner at Highland Capital, has been added to ZeroFOX’s board.

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ThreatQuotient raises $10.2 mln

By Luisa Beltran — 2 months ago

ThreatQuotient said Wednesday that it raised $10.2 million in Series A funding led by New Enterprise Associates. Seed investors Blu Venture Investors and the Center for Innovative Technology also participated. Sterling, Virginia-based ThreatQuotient provides a threat intelligence platform.

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ObsEva racks up $60 mln Series B

By Iris Dorbian — 3 months ago

Swiss biopharmaceutical company ObsEva, a developer of drugs that focus on “serious conditions compromising pregnancy from conception to birth,” has raised $60 million in Series B funding. The investors included HBM Healthcare Investments, New Enterprise Associates, OrbiMed, Rock Springs Capital, Sofinnova Partners, Sofinnova Ventures, Novo Ventures and MS Ventures. In addition to the funding, Ed Mathers of NEA has been added to ObsEva’s board of directors. Leerink Partners LLC was the advisor on the funding.

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APX Labs scores $29 mln

By Iris Dorbian — 3 months ago

Wearable technology provider APX Labs has secured $29 million in funding. New Enterprise Associates led the round with participation from other investors that included CNF Investments, GE Ventures, Salesforce Ventures and SineWave Ventures.

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Interconnection company IIX inks $26 mln Series B

By Iris Dorbian — 3 months ago

Silicon Valley-based interconnection company IIX Inc has raised $26 million in Series B funding. Formation 8 led the round with participation from other investors that included New Enterprise Associates and AME Cloud Ventures. In conjunction with the funding, Jim Kim, a founding partner at Formation 8, has been added to IIX’s board of directors.

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Amplyx racks up $40.5 mln in RiverVest-led Series B round

By Iris Dorbian — 3 months ago

San Diego-based Amplyx Pharmaceuticals, which is developing antifungal agents that treat life-threatening fungal infections, has raised $40.5 million in Series B funding. RiverVest Venture Partners led the round with participation from other investors that included New Enterprise Associates and BioMed Ventures. In conjunction with the funding, Dr. Niall O’Donnell, managing director at RiverVest Venture Partners and Ed Mathers, a partner at New Enterprise Associates, were added to Amplyx’s board of directors.

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VC-backed Cydan promotes Kobayashi to preclinical translation VP

By Iris Dorbian — 3 months ago

Cambridge, Massachusetts-based Cydan Development Inc, an orphan drug accelerator focused on treating patients living with rare diseases, has promoted Dr. Dione Kobayashi, to vice president of preclinical translation. Kobayashi is a former director at the Spinal Muscular Atrophy Foundation. Cydan is backed by New Enterprise Associates, Pfizer Venture Investments, Lundbeckfond Ventures, Bay City Capital and […]

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VC-backed SCI Solutions buys Clarity Health

By Iris Dorbian — 3 months ago

SCI Solutions has acquired Seattle-based Clarity Health, a software-as-a-service solution provider that delivers insurance authorization and referral management services to health systems and independent providers. No financial terms were disclosed. SCI is backed by Columbia Pacific Advisors, ORIX Ventures, The Wicks Group and New Enterprise Associates.

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Messaging app Sochat reels in $2 mln

By Iris Dorbian — 3 months ago

Messaging app and connection platform Sochat has raised $2 million in Series Seed funding. Eniac Ventures led the round with participation from WeChat founder Allen Zhang, New Enterprise Associates, Greylock Partners, Slow Ventures, Foundation Capital, Betaworks, Maiden Lane and Steven Sinofsky of Andreessen Horowitz. Fenwick & West LLC advised Sochat on the transaction.

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PGDx scores $21.4 mln Series A

By Iris Dorbian — 3 months ago

Baltimore-based Personal Genome Diagnostics Inc, a provider of advanced cancer genome testing products and services, has secured $21.4 million in Series A funding. New Enterprise Associates led the round with participation from other investors that included Windham Venture Partners and Nanjing Kaiyuan Growth Capital Investments. In addition to the funding, Dr. Justin Klein, a general partner at NEA, has been added to PGDx’s board of directors while Felix Dawson and Adam Fine of Windham Venture Partners will become board observers.

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NEA backs cyber security company illusive networks

By Alastair Goldfisher — 4 months ago

Tel Aviv-based illusive networks, a cyber security company focused on targeted attacks, announced it has raised a $22 million Series B round of funding led by new investor New Enterprise Associates. Also participating in the round are new and existing investors Bessemer Venture Partners, Marker LLC, Citi Ventures and Eric Schmidt’s Innovation Endeavors. The company earlier this year raised $5 million in a Series A round. Kittu Kolluri, general partner at NEA, has joined the board as part of the latest funding.

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